Geography Archives: South Korea

  Rebekah Wetmore and Ryan Romard (RW/RR): The crisis of world capitalism starting in 2007 was the most severe crisis of capitalism since the Great Depression and thus far the recovery, both globally and within Canada, has been weak at best.  With this mind, to what extent is the current crisis cyclical and in what […]

As Monday dawned, Turkey kept its fingers crossed in keen anticipation of the nationwide address by President Bashar al-Assad on the situation in Syria.  Ankara sent an open message ahead of Assad’s speech that if he failed to announce reforms even in a third attempt, he would “miss a big chance” to preserve power. Turkey […]

Seldom it is that the Russian Foreign Ministry chooses a Sunday to issue a formal statement.  Evidently, something of extreme gravity arose for Moscow to speak out urgently.  The provocation was the appearance of a United States guided missile cruiser in the Black Sea for naval exercises with Ukraine.  The USS Monterrey cruiser equipped with […]

From 2004 to 2010, Brazil’s economy grew at an average of 4.2 percent annually, or more than twice as fast as it had grown from 1999-2003; or for that matter, more than twice as fast as its annual growth from 1980-2000.  This was despite the impact of the world recession of 2009, which left Brazil […]

An old story from Istanbul in the Ottoman era mentions a Turkish imam who killed a Christian and confessed the crime, whereupon he was advised by the judge to talk things over with the mufti who told him privately that a good Muslim never admitted felony against infidels and he should simply recant his confession.  […]

Russia went to the Group of Eight (G-8) summit meeting at Deauville as an inveterate critic of the “unilateralist” Western intervention in Libya, but came away from the seaside French resort as a mediator between the West and Libyan dictator Muammar Gaddafi.  The United States scored a big diplomatic victory in getting Moscow to work […]

The last thing Russian President Dmitry Medvedev did before departing for France to attend this week’s Group of Eight summit meeting in Deauville was place a call to Damascus. Prima facie, one may think the call made sense, since, as Reuters reported, “Syria’s crackdown on pro-democracy protests” is going to be high on the agenda […]

The first issue of The Weekly Standard for 2011 includes an article by Reuel Marc Gerecht and Mark Dubowitz, entitled “The Logic of Our Iran Sanctions: Accelerate Them Now.”  Gerecht and Dubowitz are both affiliated with the Foundation for Defense of Democracies and are prominent voices in neoconservative circles focused on Iran.  We highlight their […]

  Contested Waters: Background to a Crisis 1. On November 23, 2010, military troops from the Republic of Korea (ROK, or South Korea) and the United States conducted war-simulation exercises, dubbed “Hoguk” [“Defend the State”], a massive joint endeavor involving 70,000 soldiers, 600 tanks, 500 warplanes, 90 helicopters, and 50 warships.  It was slated to […]

From the FWIW department, a video of an anti-war demonstration of 160 people in Shinjuku, Tokyo, Japan, on 5 December 2010. One of the themes of the Shinjuku demo, as shown in this poster, was (to paraphrase rather than translate): “‘China Will Invade Japan’?  Are You Nuts?” In other words, the crazy Japanese right-wingers are […]

  Would you say that you’re among the pessimists who regard the five decades of African independence as five lost decades? I’m not a pessimist and I don’t think that these have been five lost decades.  I remain extremely critical, extremely severe with respect to African states, governments, and political classes, but I’m even more […]

Bruce Cumings.  The Korean War: A History.  New York: Modern Library, 2010.  Cloth, $24.00, pp 288. Any time that a book appears by Bruce Cumings, one of our foremost scholars on Korea, it merits attention.  His latest book, The Korean War, is particularly welcome given the recent sharp increase in tensions on the Korean Peninsula. […]

Acclaimed philosopher and activist Noam Chomsky is Institute Professor Emeritus of Linguistics at the Massachusetts Institute of Technology.  He shared his perspectives on international affairs, economics, and other themes in an interview conducted at his office in Boston on September 14, 2010. Keane Bhatt: Your new book Hopes and Prospects begins with the story of […]

  In 2009, the European Union, United States and Mexico filed a complaint with the World Trade Organisation (WTO) against China’s export restrictions on certain raw materials, including bauxite, coke, fluorspar, silicon carbide and zinc.  They said that, firstly, these constraints — in the form of export taxes, quotas, licences and so on — caused […]

A strange thing happened on the way to the G-20 meetings: world elite opinion has turned against the Federal Reserve’s “Quantitative Easing” (QE) program, the only significant “Keynesian” macroeconomic policy being implemented anywhere in the face of massive unemployment in much of the developed world; and this criticism is garnering some support from strange places, […]

Here comes the travail of crisis.  The more they talk about coordination, the more it becomes necessary to concentrate on the conflicts revealed by the very talk of coordination.  The G20 finance ministers’ meeting, held in South Korea on Friday, has already been mortgaged by the case opened by US Treasury Secretary Timothy Geithner regarding […]

The slanging match over currency and monetary policies at the annual Fund-Bank meetings, held over the second weekend of October, points to the disarray in global economic governance.  While the US sought to mobilise IMF support for an effort to realign exchange rates and ensure an appreciation of the renminbi in the wake of China’s […]

  The free trade push has begun again.  Both U.S. President Barack Obama and South Korean President Lee Myung-bak are calling for ratification of the U.S.-Korea Free Trade Agreement, which was signed by the two countries’ trade representatives in April 2007 but has yet to be approved by either the U.S. Congress or the South […]

We noticed a small news item, reported from Tehran, which we think deserves more media attention and reflection in the West than it received.  According to the story, Chinese Transport Minister Liu Zhijun is expected to visit Iran Sunday to sign a $2 billion contract to build a 360-mile-long railway linking key Iranian destinations that […]

The biggest economic question facing Brazil, as for most developing countries, is when it will achieve its potential economic growth.  For Brazil, there is a simple, most relevant comparison: its pre-1980 — or pre-neoliberal — past. From 1960-1980, income per person — the most basic measure that economists have of economic progress — in Brazil […]